Once you build a system it becomes a process which is to be followed sincerely. I don't modify unless I get 14 trades wrong out of every 20 sample trades. The day it crosses 14 times, then either change or modify the edge.
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A Learner , A Trader, An Experimental attitude and some time coach
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Learn one thing at a time.
First become a master locally then plan for the US and other stuff. By the way, how many years have you been trading?
Fear of SL is common for any beginner or median later you will realise that these are all lessons which guides what not to do. Even professionals keep SL and it keeps hitting but if your RR is greater to SL then no need to fear.
All the best...
It's Luck which comes when you build skill set and skill can be gained by endless efforts, endless watching charts and analysis, endless paper trading , endless hope and faith.
All the best...
A Trader is always looking for opportunity no matter the market is Bullish or Bearish, his/her end goal should be to protect the capital and whenever his analysis is right market will give enough money to cover up all previous SLs and close in green.
All the best....
how much capital have you lost?
I can guide you to make 10-15k return per month
But you need to strictly follow the rules if ok update me
Yes ofcourse just let me know how much capital left over so that we can plan to get best out of it
Amazed to see somany insightful replies hope all of them are profitable and doing well.
knowledge is every where it's upto you which to collect and which to leave.
All I can say if you wanna quit just ask yourself why did you start,
If the answer is Money then withdraw remainin...
Yes but to get to this level it takes time and patience, then it's just routine and the market will give endless opportunities to make money.
This depends on your interest and passion.
If you're looking only at the prospects of money then it's difficult, but if you are ok to give time and loose money initially then you might succeed.
All the best.
Thank you and wish you the same....
Iskeliye less qty pe trade karo aur wait karo target hit hone ka uske pehle no trailing.
Slowly confidence build hoga aur emotions control hoga.
Dekh bhai jab aap kisiko bolte ho to wo tum pe believe karta hai aur confidence se trade leta hai aur profit karta hai.
Same jab aap trade lete ho to less confidence ya doubt hoga jo emotions effect karta hai aur loss hota hai.
Control your emotions profit aajayega
All the best.
Options again is a risky instrument it requires a good amount of knowledge once your trading is perfect in cash and making good gains you can move on to options.
As an option buyer our only tool is momentum once you learn the art of capturing it, good amount of money can be made...
Almost every Rookie has the same mindset while beginning it seems the market is tracking you and playing opposite of your trade and make losses.
This is a very different form of business where you will learn, loose, again loose again loose
It will keep on teaching until you ...
The main problem is sorry it may hurt but the truth is many of them need quick money so they enter directly in options and futures.
Build system which is back tested and fwd test with real money with very less qty to improve psychology.
If you are in market more than 3-4 year...
It cannot be learnt once and complete it, this is a ever Learning process and in short to make money first market will take money.
No matter how much money you bring in.. it will teach you the same so better start with small capital, every loss is a learning chapter and avoid th...
Sorry to say but why do you want to gamble like this 10k may be a small amount to you but many people's monthly salary is 10k for which they work very hard for a month. If you want to risk the amount then why don't you buy a proper CE/PE and make some avg return , rather than wai...
Your question has answer
Trading can make money, Trading can take your money. Depends on how educated, experienced you are. no matter how many books you read or watch training videos EOD it's you who needs to understand and take appropriate decisions...
My personal experience y...
@738630 Yes ofcourse price action is one of the most important element to entry / exit, with this always be open to learn and accept the outcome....